Training and Assistance for COVID impacted RI businesses

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RISCPA/RI BUSINESS FORUM NEWS RELEASE AUGUST 19, 2020

RISCPA/RI BUSINESS FORUM NEWS RELEASE AUGUST 19, 2020

NEWS AND UPDATES:

  • Governor Raimondo announced the launch of a new initiative called Take It Outside to encourage activities and events to move outdoors. Several state agencies including RIDOH and DBR will support the effort to find ways to move activities including dining, shopping, fitness and more outside. She indicated funding will be earmarked to support the program.
  • Governor Raimondo said Rhode Island remains a national leader in testing and announced new strategies to facilitate and expedite testing in the state. For more information, visit: https://health.ri.gov/covid/testing/
  • Restore RI -ROUND 2 NOW OPEN: Restore RI Grant program-Round 2 (note: updates have been made to the program): https://commerceri.com/about-us/restore-ri/. The program is targeted at small businesses that have been most severely impacted by the COVID-19 pandemic and provides eligible businesses with grants of up to $15,000. Zoom help sessions led by the Commerce team are being offered for anyone needing support or information on the program including tutorials on the process.
    • Thursday 8/20 at 12:00 PM. Register here.
    • Friday 8/21 at 1:00 PM. Register here.

Phase 3 Guidelines: https://www.reopeningri.com/

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sba

How to Do Business With The Federal Government

Upcoming SBA training: RI District Office - August 19, 2020

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ga RISCPA GOVERNMENT AFFAIRS

Senate Committee on Finance Hearing (Tuesday 8/18/2020)

House Bill No. 7171 (Governor) AN ACT RELATING TO MAKING APPROPRIATIONS IN SUPPORT OF FY 2021 {LC3746/1} 01/16/2020 Introduced, referred to House Finance:

  • New Article Relating to Tax Anticipation Notes
  • Article 4- Relating to Debt Management Act Joint Resolutions Governor's Budget Amendment Request – Artice 4
  • Article 5 - Relating to Capital Development Program
  • Governor's Budget Amendment Request – Article 5

To view, visit: http://www.rilegislature.gov/CapTV/Pages/default.aspx

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The Rhode Island Division of Taxation and other Security Summit partners urge tax practitioners to secure remote locations by using a virtual private network (VPN) to protect against cyber intruders. For more information, please use the following link: http://www.tax.ri.gov/Advisory/ADV_2020_34.pdf 

IRS Tax Tips: Using the Tax Withholding Estimator will help taxpayers avoid surprises next year: https://www.irs.gov/individuals/tax-withholding-estimator

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COVID-19 Rhode Island Stats:

  • Total number of cases: 20,795
  • New cases: 79
  • People hospitalized: 82
  • Total Number of Deaths: 1,027
  • Total number of tests: 440,127l

ONGOING ANNOUNCEMENTS

  • Governor Raimondo announced she has delayed the start date for Rhode Island schools to September 14th; ; the school year will conclude on June 25th
  • Executive Orders extended to September 4th:
    • Telemedicine coverage
    • Cloth face coverings must be worn in public
    • State of Emergency (Disaster declaration)
    • Firearms
    • Quarantine regulations (includes newly added rules) remain in place
    • Visit https://governor.ri.gov/newsroom/orders/ for a complete list of Executive Orders. 
  • Governor Raimondo announced a new initiative, Back to Work RI, an innovative $45M plan to train and support Rhode Islanders who have lost jobs as a result of the crisis. The initiative, which partners with businesses and other key stakeholders, is focused on getting displaced residents back to work; RISCPA is proud to partner with RI Department of Labor for this program. The program, funded through Federal CARES Act, is being launched in addition to the Restore RI and RIse Together, initiatives announced previously. For more information, visit RI DLT website: https://dlt.ri.gov/backtoworkri/
  • Domestic quarantine restrictions are now in place for anyone traveling to Rhode Island from states with a 5% or greater positivity rate. Exceptions will be made for anyone who has tested negative in their home state during the past 72 hours. The list of states will be updated weekly: https://coronavirus.jhu.edu/testing/testing-positivity 
  • Rhode Island Small Business Development Center is hosting a series of free seminars to help small businesses with their marketing needs. For more information, please visit: https://www.risbdc.org/workshop.aspx?ekey=70400014 
  • IRS Nationwide Tax Forums: Seminar dates, times now available: Nationwide Tax Events
  • Department of Motor Vehicle services are available online. DMV Headquarters in Cranston and Middletown locations are available by appointment only; other locations remain closed. 
  • DLT email for employers with employees refusing work or otherwise ineligible to receive benefits: dlt.protest@dlt.ri.gov
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